Crypto and Laws
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SEC charges 11 people in a $300M crypto Ponzi scheme
On Monday, the Securities and Exchange Commission (SEC) announced that it had arrested 11 people for their roles in creating and promoting an...
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South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto
A foreign employee of South Korea-based Busan Bank stole roughly 1.48 billion won of customer funds and invested the money in crypto assets like...
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Gibraltar minister says he is collecting Bitcoin for his kids’ future
British Overseas Territory of Gibraltar’s Minister for Digital and Financial Services, Albert Isola, recently gave an interview to...
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US watchdogs order Voyager Digital to stop making misleading insurance claims
The U.S. Federal Reserve (FED) and Federal Deposit Insurance Corp (FDIC) have ordered Voyager Digital to desist from making false and misleading...
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US Senator blames SEC for Celsius’ collapse
US Senator Pat Tomey has called out the Securities and Exchange Commission over their role in the build-up to investors losing funds deposited on...
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US Senator Brown seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
U.S. Senator Sherrod Brown (D-Ohio) sent letters to Tim Cook, CEO of Apple, and Sundar Pichai, CEO of Google and Alphabet on July 28, asking for...
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US Treasury Department adds Kraken to investigations list for potential sanctions violations
The U.S. Treasury Department suspects that crypto exchange Kraken has violated the U.S. sanctions by allowing users from sanctioned regions to...
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IMF warns of more crypto pain ahead, including stablecoin failures
The International Monetary Fund’s (IMF) Director of Monetary and Capital Markets, Tobias Adrian , warned that more crypto projects might...
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Japan’s top crypto lobby groups push for lower taxes to attract talent
Japan’s strongest crypto lobbying groups say that current tax rates prevent industry growth and call for lower taxes to prevent talent...
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US gov’t suspects Kraken of violating sanctions
Kraken has become the biggest cryptocurrency exchange in the United States to face enforcement action from the Treasury Department’s Office of...
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France’s rigidity on crypto ads might spread through the E.U.
French regulations that ban the marketing of cryptocurrencies and crypto companies forced Formula (F1) teams to remove their crypto company...
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US Senators propose bill to exempt crypto transactions under $50 from taxation
A bipartisan bill from Senators Patrick Toomey (R-Pa.) and Kyrsten Sinema (D-Ariz.) proposes tax exemptions on crypto transactions up to $50....
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SEC is investigating Coinbase over ‘securities’ listing
The Securities and Exchange Commission (SEC) is investigating whether Coinbase allowed Americans to trade unregistered security assets, Bloomberg...
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Regulatory compliant pricing oracles to allow new institutional investment opportunities
With the increased call for greater regulation in the crypto industry, sights are set on how this will affect the core fundamentals of web 3. One...
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Thailand SEC to investigate impact of Zipmex’s withdrawal freeze
Thailand’s Securities and Exchange Commission (SEC) has launched a public investigation to ascertain the impact of losses incurred by users...